Ermittlung und Erschließung der Erfolgspotenziale von Start-ups durch unternehmerisches Controlling

2020 ◽  
Vol 68 (3-4) ◽  
pp. 285-292
Author(s):  
Jochen R. Pampel
Keyword(s):  
Business Models ◽  
Cash Flows ◽  
Resource Scarcity ◽  
Start Up ◽  
New Business ◽  
Professional Requirements ◽  
Technical Innovations ◽  
And Control ◽  
Start Ups ◽  
New Business Models

Zusammenfassung Start-ups versuchen häufig sozio-technische Innovationen in neue Geschäftsmodelle umzusetzen und streben ambitionierte Wachstumsziele an. Beide Ziele rufen nach Controlling. Für dieses sind Besonderheiten wie kurzer Bestand, Finanz- und Ressourcenknappheit, Dominanz immaterieller Vermögenswerte, negative Cashflows, Wachstumsorientierung, Gründerprägung und hohe Eigendynamik prägend. Empirisch beobachtbar stellen Investoren professionelle Anforderungen, üben Gründer im Eigeninteresse Controlling selbst aus und streben nach Professionalisierung des Controllings in späteren Start-up-Phasen. Controlling muss die Etablierung eines neuen Geschäftsmodells begleiten und im Geschäftsentwicklungsprozess Performance und Skalierung sowie Risiken steuern. Abstract Start-ups typically aim to implement socio-technical innovations in new business models and strive for ambitious growth targets. Both tasks call for controlling. Characteristics such as young age, financial resource scarcity, dominance of intangible assets, negative cash flows, growth orientation, stamped by founders, and high momentum are characteristic for this. Empirically observable, investors set professional requirements, founders exercise controlling themselves in their own interest and strive to professionalize controlling in later start-up phases. Controlling must accompany the establishment of a new business model and control performance and scaling as well as risks in the business development process.

Innovation in the Age of Digital Disruption

2020 ◽  
pp. 752-772
Author(s):  
Diana Claudia Cozmiuc ◽  
Ioan I. Petrisor
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Universal Language ◽  
Start Up ◽  
New Business ◽  
Worldwide Phenomenon ◽  
Digital Disruption ◽  
Start Ups ◽  
A Company ◽  
New Business Models

Digital disruption is a worldwide phenomenon whereby digital technology brings new business models that disrupt existing markets. Business models have become key to digital disruption, as the universal language of innovation from invention. The latest business models shift from pipeline material flow to knowledge creation in platforms. Open innovation is part of platform business models. Business models are now financed directly, which has created the lean start-up movement. Start-ups enter markets with no barriers and force incumbents to race them with the ability to compete based on business models and match start-up agility and creativity. One of the world's top innovators, Siemens, a company where innovation is strategy, uses the latest tools for innovation: open innovation for technology invention, business models to turn invention into innovation, and finances business models. A large company, Siemens has created an inner structure that intends to bring the advantages of the lean start-up movement indoors.

Innovation in the Age of Digital Disruption

2020 ◽  
pp. 1124-1144
Author(s):  
Diana Claudia Cozmiuc ◽  
Ioan I. Petrisor
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Universal Language ◽  
Start Up ◽  
New Business ◽  
Worldwide Phenomenon ◽  
Digital Disruption ◽  
Start Ups ◽  
A Company ◽  
New Business Models

Digital disruption is a worldwide phenomenon whereby digital technology brings new business models that disrupt existing markets. Business models have become key to digital disruption, as the universal language of innovation from invention. The latest business models shift from pipeline material flow to knowledge creation in platforms. Open innovation is part of platform business models. Business models are now financed directly, which has created the lean start-up movement. Start-ups enter markets with no barriers and force incumbents to race them with the ability to compete based on business models and match start-up agility and creativity. One of the world's top innovators, Siemens, a company where innovation is strategy, uses the latest tools for innovation: open innovation for technology invention, business models to turn invention into innovation, and finances business models. A large company, Siemens has created an inner structure that intends to bring the advantages of the lean start-up movement indoors.

Innovation in the Age of Digital Disruption

2018 ◽  
pp. 477-497
Author(s):  
Diana Claudia Cozmiuc ◽  
Ioan I. Petrisor
Keyword(s):  
Open Innovation ◽  
Business Models ◽  
Universal Language ◽  
Start Up ◽  
New Business ◽  
Worldwide Phenomenon ◽  
Digital Disruption ◽  
Start Ups ◽  
A Company ◽  
New Business Models

Digital disruption is a worldwide phenomenon whereby digital technology brings new business models that disrupt existing markets. Business models have become key to digital disruption, as the universal language of innovation from invention. The latest business models shift from pipeline material flow to knowledge creation in platforms. Open innovation is part of platform business models. Business models are now financed directly, which has created the lean start-up movement. Start-ups enter markets with no barriers and force incumbents to race them with the ability to compete based on business models and match start-up agility and creativity. One of the world's top innovators, Siemens, a company where innovation is strategy, uses the latest tools for innovation: open innovation for technology invention, business models to turn invention into innovation, and finances business models. A large company, Siemens has created an inner structure that intends to bring the advantages of the lean start-up movement indoors.

scholarly journals How to feed The Ferret: Understanding subscribers in the search for a sustainable model of investigative journalism

Journalism ◽  
2017 ◽  
Vol 21 (9) ◽  
pp. 1320-1337
Author(s):  
John Price
Keyword(s):  
Online Survey ◽  
Business Models ◽  
Empirical Work ◽  
Online News ◽  
Investigative Journalism ◽  
Mainstream Media ◽  
New Business ◽  
Political Spectrum ◽  
Start Ups ◽  
New Business Models

The Ferret was founded in Scotland in 2015 as a co-operative. Drawing funding from a variety of sources – including grants, crowdfunding, training and events – the organisation relies heavily on subscriptions for its core business model. The Ferret is one of a number of recent digital start-ups seeking to explore new ways of funding and sustaining investigative journalism against a backdrop of declining levels of such journalism from the mainstream media. Despite this, to date there has been very little detailed, empirical work into subscription or membership models of funding journalism. This article begins to address this by presenting the results of an online survey of The Ferret’s subscribers. The findings are discussed in the context of recent work from international scholars about paying for online news and new business models for public interest journalism. The results suggest that subscribers tend to be middle aged or older, to the left of the political spectrum and motivated mainly by a desire to support the production of investigative journalism – rather than gain exclusive access to its content. The article concludes by arguing that recruiting such people offers a potentially sustainable membership model for investigative journalism platforms, whereby journalism for the benefit of society is funded by the few.

Fintech Challenges and Outlook in India

2021 ◽  
pp. 136-153
Author(s):  
Neeta Baporikar
Keyword(s):  
Literature Review ◽  
Financial Services ◽  
Business Models ◽  
The Novel ◽  
Foreign Markets ◽  
Indian Economy ◽  
Exploratory Approach ◽  
New Business ◽  
Start Ups ◽  
New Business Models

Fintech refers to the novel processes and products that become available for financial services due to the digital technological advancements. Fintech includes technologically enabled financial innovation leading to new business models, applications, processes, or products with an associated material effect on financial markets, institutions, and financial services. India is transitioning into a dynamic ecosystem offering Fintech start-ups a platform to grow into billion-dollar unicorns. From tapping new segments to exploring foreign markets, Fintech in India is pursuing multiple targets. The traditionally cash-driven Indian economy has responded well to the Fintech opportunity, primarily triggered by a surge in e-commerce, and Smartphone penetration. However, India's growth is still not comparable in scale to its global counterparts but is stacked well, due to a strong talent pipeline of the tech workforce. Hence, adopting an exploratory approach, based on in-depth literature review, the chapter aims to identify the challenges and deliberate on the outlook for Fintech in India.

scholarly journals Social Payments: Innovation, Trust, Bitcoin, and the Sharing Economy

2017 ◽  
Vol 35 (3) ◽  
pp. 13-33 ◽  
Author(s):  
◽  
Taylor C. Nelms ◽  
Bill Maurer ◽  
Lana Swartz ◽  
Scott Mainwaring
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Mobile Platforms ◽  
Novel Technologies ◽  
On Demand ◽  
The Social ◽  
New Business ◽  
Start Ups ◽  
New Business Models ◽  
Rapid Transformation

The payments industry – the business of transferring value through public and corporate infrastructures – is undergoing rapid transformation. New business models and regulatory environments disrupt more traditional fee-based strategies, and new entrants seek to displace legacy players by leveraging new mobile platforms and new sources of data. In this increasingly diversified industry landscape, start-ups and established players are attempting to embed payment in ‘social’ experience through novel technologies of accounting for trust. This imagination of the social, however, is being materialized in gated platforms for payment, accounting, and exchange. This paper explores the ambiguous politics of such experiments, specifically those, like Bitcoin or the on-demand sharing economy, that delineate an economic imaginary of ‘just us’ – a closed and closely guarded community of peers operating under the illusion that there are no mediating institutions undergirding that community. This provokes questions about the intersection of payment and publics. Payment innovators’ attenuated understanding of the social may, we suggest, evacuate the nitty-gritty of politics.

scholarly journals EXPLORING SKILLS NEEDED FOR DISRUPTIVE DIGITAL BUSINESS

2020 ◽  
Vol 28 (3) ◽  
pp. 83-112
Author(s):  
Dewi Handayani ◽  
Jann Tjakraatmadja ◽  
Achmad Ghazali
Keyword(s):  
Social Interaction ◽  
Business Models ◽  
Education Technology ◽  
Structured Interviews ◽  
Digital Era ◽  
Analytical Thinking ◽  
Start Up ◽  
New Business ◽  
Core Questions ◽  
Start Ups

Research Purpose – In today’s disruptive digital business era, many new business models, such as digital start-ups, have emerged, and this phenomenon needs workers with particular skills. The aims of this preliminary empirical research paper are to explore and identify the skills needed for disruptive digital business in the Indonesian context, particularly in the Jakarta region. Design/methodology/approach – This qualitative study conducted semi-structured interviews with ten respondents from various types of Indonesian start-ups, such as unicorn start-up, financial technology and education technology, that have been in operation four to 12 years. The interviews were based on five core questions with the purpose of exploring respondents’ experience regarding skills needed and challenges faced at work in disruptive digital business. Observation was conducted at the Education Technology start-up office located in Jakarta with an aim to investigate workplace environment, and triangulation was used to validate the interviews’ results. Findings – The results show that (1) innovativeness, (2) leadership skills, (3) social interaction, (4) initiative mindsets, (5) self-disruption, (6) critical thinking, (7) management, and (8) analytical thinking are eight pivotal skills identified for managing disruptive digital business. Practical implications – Innovativeness, leadership and social interaction are the top three skills that are essential for actors in Indonesian digital start-ups to have competitive advantages in this disruptive digital business era. Original/value – This paper explores skills needed for the disruptive digital era in an Indonesian context.

scholarly journals Assessment of the Relationship between Entrepreneurial Skills and Intentions – The Case of Vietnam

2020 ◽  
Vol 8 (09) ◽  
pp. 1948-1955
Author(s):  
Lam Nguyen ◽  
Thi Hong Lam Nguyen
Keyword(s):  
Business Models ◽  
National Policy ◽  
Teaching Skills ◽  
Business Skills ◽  
Entrepreneurial Skills ◽  
Start Up ◽  
New Business ◽  
Key Industries ◽  
The Relationship ◽  
New Business Models

At present, the nation start-up is considered as a national policy to innovate, exploit the intellectual, technological and new business models ... thereby creating more enterprise efficiency in many key industries, promoting the overall development of the economy. To become an entrepreneur, need to understand the start-up, the start-up process and most importantly, the skills you need to get started. Therefore, this article aims are to provide an overview of the start-up process and the relationship between different business skills, as well as how they relate to the students’ intentions. A questionnaire survey was conducted among 92 students who had to study/graduated in Business Administration. The survey asked participants to rate themselves based on their creativity, ambiguity, marshaling, finance and self-efficacy skills. The results can help universities develop curricula that combine teaching skills to equip both the knowledge and skills needed for students or those who want to be successfully entrepreneurs.

Recht als Infrastruktur für Innovation

2019 ◽  
Keyword(s):  
Business Models ◽  
The Other ◽  
Media Law ◽  
Constant Change ◽  
New Business ◽  
Technical Innovations ◽  
The Law ◽  
The One ◽  
Future Technologies ◽  
New Business Models

Innovation promises dynamism and technical progress, new products and new markets. However, it also entails new conflicts and challenges for the law: on the one hand, the law should promote and protect innovation. Constant change gives rise to the law’s responsibility to continuously develop itself further in order to create an innovation-friendly climate and to promote future technologies. On the other hand, technical innovations and new business models can also pose risks to interests that are worthy of protection. Here, too, the law must react if it is to drive innovation sustainably. This volume documents the manifold presentations at the 4th conference GRUR Junge Wissenschaft – Kolloquium zum Gewerblichen Rechtsschutz, Urheber- und Medienrecht (GRUR Young Science—Colloquium on Intellectual Property, Copyright and Media Law), where young academics addressed issues relating to the conference topic of ‘Law as an Infrastructure for Innovation’ from a variety of perspectives. With contributions by Dr. Lukas Abegg, LL.M.; Dr. Amit Datta; Dr. Stefan Holzweber; MMag. Philipp Homar; Johannes Marosi; Stefan Papastefanou; Dr. Lars Rühlicke; Thomas Sagstetter; Kirsten Johanna Schmidt, MLaw, LL.M. (Boston); Dr. Moritz Schroeder; Friederike Schulte zu Sundern; Michael Servatius; Sven Vetter; Kristina Wagner, LL.M.

scholarly journals Management and Organization Review Special Issue ‘Business Model Innovation in Transforming Economies’

2017 ◽  
Vol 13 (2) ◽  
pp. 459-462
Author(s):  
Henk Volberda ◽  
Oli Mihalache ◽  
Carl Fey ◽  
Arie Y. Lewin
Keyword(s):  
Business Model ◽  
Business Models ◽  
Theory Development ◽  
Business Model Innovation ◽  
Special Issue ◽  
Bric Countries ◽  
Start Up ◽  
New Business ◽  
Eastern European Countries ◽  
New Business Models

Transforming economies such as the BRIC countries – Ex-Soviet Republics, or Eastern European countries – share national aspirations of becoming innovation economies. These aspirations have stimulated a push for entrepreneurship and experimentation with new ways of doing things. This has created a fascinating context for research on business model innovation, relating to the way incumbent firms adapt their business models or come up with entirely new models. Similarly, new business models may be originated by start-up companies that often are challenging and leapfrogging the ‘tired’ old business models or simply invent new ones. However, research that specifically explores indigenous business model innovation in the context of these transforming economies is still in its early stages. The MOR special issue on ‘Business Model Innovation in Transforming Economies’ aims to address this gap by soliciting research uncovering successful new business models that is indigenous to these economies, as they transition to becoming innovation economies themselves and contribute to strategy and management theory development.

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